The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1887-09-03


capital stock. its corporate franchises, and
any or all of its real or personal property,
or both.
ARTICLElv.
All citations shall be served upon the
President, Or in his absence. upon the Sec
rotary, Treasurer or Gee. eral Attorney of
said corporation.
ARTICLE V.
Section /. The amount Of capital stock
of said corporation shall be- three millions
| (SS, 900, OOO.0O) dollars consisting of thirty
500 Thousand $50, OOO) shares of the par value
of ono numbered (slOo.oo) dollars each.
Sec. 2 The time and manner Of paying
subscriptions for stock of this corporation
| shall be determined by tho Board Of Direct
ors; except that no stock or bonds shall be
issued by the company, unless it be for
actually received, Or for labor done.
Sec. 3: In case of y failure on the part of
| any subscriber to pay tho whole or any
in the manner fixed by the Directors, the
! shares of stock SO subscribed for under
such subscription, and all payments there
the company without any further action on
the part of the company; but all liability
OF said subscriber to said company by rea-
son of such unpaid subscription shall, upon
| such forfeiture, cease and wholly deter
| mine.
| Sec. 4. Until such forfeiture, no stock
holder shall be held liable or responsible
for the contracts and faults of the company
in any farther sum than the unpaid bal
| ance or balances duo to the company on
shares owned by him or her.
| ARTICLE VI.
Section l. The corporate powers of tho
! company shall be vested in a Board OF Di-
rectors composed of seven stockholders to
| be elected in accordance with the bylaws
of the company; and In such other officers
and agents as may from time to time be
appointed by such Board. No person shall
! be u Director who is not the actual owner
| OF at least ten shares Of the capital stock of
| said company. Directors shall be elected
annually, but in case any such annual
| meeting is not held at the time appointed,
in until others are elected to fill their
places. Upon the death. resignation, or
other disability Of any officer, or director,
the remaining directors shall have power
to ill the vacancies caused thereby. The
Directors shall elect one of their number to
be President of said corporation, and an
from themselves, or appoint from others
outside of the Directors, ono person to be
Secretary, and another person to be Treas
% rSe of 1.-THE the company Said Directors shall
bylaws, and rules, and regulations for the
government of tho company rs they may
deom advisable; and shall have tho pc wer
to alter, amend and revoke the Same from
time to time as they shall see fit.
Soc.2. An election for Directors shall he
by ballot and every stakeholder shall be
| for each share of stock owned by him for
| at least thirty days previous to said cleo
ton. 80
Soc. 5. Three Directors shall constitute n
quorum for tho transaction of business.
Sec. 4. The annual meeting for the cleo
| ton of Directors, and the transaction of
tho meeting, shall be hold on tho first
Tuesday in the month OF December Of each
year.
ARTICLE VII.
This corporation may DO dissolved at a
| general meeting of the stock holders, con-
vened Tor that purpose. with the consent of
three-fonrths of the stock Of the company,
| and upon tho vote of two thirds of the stock
] represented at such meeting; and in case
of such dissolution, the liquidation shall be
conducted by three commissioners elected
| ton of this chart or the liquidation shall be
| conducted by similar board of three COM
missioners to be in the same way elected at
| a general meeting of tho Stockholders con-
WILLIAM A. BRIGHT,
| CHAS. N. KIGHT,
A. w. FILES.
G.. S. COLLINS,
, ELLIOT r.. MORGAN.
EUG. w. MULLfGAN.
as to witness of Elliot Z; Morgan:
GEO. II. wADDELL, 'N'
| l.. A. MAY.
as to witness of Jack W: johnson:
|GARRETT uARDCAsTLE, w '"'
A. J. HENLEY,
as to witness of James Converse
coUNrY OF Pulaski. BE it known
that on this 10th May, 1887. PERSONAL y came
and appeared William A. Bright C6as. N.
Right and A. w. Files, and who in my
presence signed the foregoing Articles OF
incorporation. In witness whereof have
hereto set my hand and official seal on the
i (~~1 day and year above mentioned.
SEAL. II. c. HINTON,
il l0-) Notary Public
| COUNTY OF LUZERO, 50. Be ii
, known that on this Sd day of Juno, 1887
personally came Elliot II. Morgan, and who
!, in my presence signed the foregoing Ar.
ticles of Incorporation. In witness where.
of l have hereto set my hand and notaria
49, seal on the day and year above
II I SEAL. : written.
: t~-) Il. l.. MULLIGAN, Not. Pub
CoUNTY oEjEFFERsoN. Be Unknown
, that on this 2Sth day of June, 1887, person.
ally came Jack w. Johnson, who in m,
presence signed tho foregoing Articles o
Incorporation. In witness whereof have
! (-@l hereto set my hand and seal or
! SEAL. the day and year above mentioned
49, I: A. MAY, Notary Public.
COUNTY or HARRIs, 10 it known
that on this I'd day of August, 1887. person
= ally came James Converse, and who in my
, presence signed the foregoing Articles o
= | Incorporation. In witness whereof hav,
hereto set my hard and notarial seal on the
Il 49, day and year above writ,en.
u } SEAL. GARRETT HARDCASTLE
81 w. Notary Public, Harris Co., Texas
SUCCESSION NOTICE.
t FIFTH DISTRICT COURT, PARISH Oh